The blockchain oracle market is still largely dominated by Chainlink, but a handful of promising challengers is emerging.
Decentralized oracle service Umbrella Network has launched a new accelerator program for projects looking to build data pipelines to the cryptocurrency market, a process that many within the industry believe is necessary to grow the emerging domains of blockchain gaming, DeFi and the Metaverse. The $15 million accelerator program intends to fund companies that are bringing new data solutions to the blockchain ecosystem, Umbrella Network announced Tuesday. Sam Kim, a partner at Umbrella Network, told Cointelegraph that his company is focused on funding projects within blockchain gaming, Metaverse, digital advertising, blockchain-based identity, sports and weather, among others.To date, projects in these and other fields have largely relied on centralized systems for running key computations, processes a
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